12 September GOLD technical analysis


GOLD, XAU/USD, GOLD Technical analysis, Precious Metals, September technical analysis, Technical Analysis On Daily chart, the precious metal continues to fall amidst U.S dollar strength due to positive outlook on the future of the U.S dollar and the easing of tensions in the Ukraine – Russia fracas.

 
GOLD, XAU/USD, GOLD Technical analysis, Precious Metals, September technical analysis, Technical Analysis On H4, with the closest resistance at 1238, 1247, Gold looks to follow on the bearish trend towards 1230, as the U.S unemployment claims figures yesterday did little to affect the prices of the yellow metal.
 
GOLD, XAU/USD, GOLD Technical analysis, Precious Metals, September technical analysis, Technical AnalysisMeanwhile on H1 chart, 1230 looks to be the next support price before 1212 is re-attained, last seen in January 2014

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